Siemens Chief Faces Heat On Price For Equipment Maker

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

(FROM THE WALL STREET JOURNAL 1/26/15) By Christopher Alessi At Siemens AG's annual general meeting in Munich on Tuesday, shareholders likely will grill Chief Executive Joe Kaeser over the price he agreed in September to pay for U.S. oil equipment ...

Syriza's Challenge: an Empty Treasury

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

The clock is ticking for Syriza--the victorious antiausterity party in Greece's elections--to strike a deal with creditors to keep Greece solvent and in the euro. It wasn't clear yet late Sunday whether the left-wing party had won more than half ...

Leftists Sweep to Power in Greece -- 5th Update

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Charles Forelle, Nektaria Stamouli and Alkman Granitsas ATHENS--Greek voters handed power to a radical leftist party in national elections on Sunday, a popular rebellion against the bitter economic medicine Greece has swallowed for five years and a rebuke of ...

AXIS Capital and PartnerRe to Merge

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Enda Curran Axis Capital Holdings Ltd. and PartnerRe Ltd. said Sunday they have agreed to merge and form one of the world's biggest reinsurance and specialist insurance companies, a firm with a combined market value of $11 billion. The ...

Obama, Modi Say Progress Made on Range of Issues

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

NEW DELHI--President Barack Obama and Indian Prime Minister Narendra Modi said they made tangible progress on a range of issues with movement on civil nuclear tradedefense cooperation and climate change. With pageantry on full display, Mr. Obama was scheduled to ...

U.S. Futures, Asian Stocks Fall After Greek Election

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

The euro fell, touching the lowest level against the U.S. dollar and Japanese yen in more than a decade, while Asian stocks and U.S. futures tumbled after Greece's antiausterity Syriza party was projected to win the country's national elections, fueling ...

U.S. Crude Tests New Lows As Greek Elections Weaken Euro

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Eric Yep Crude-oil futures fell in Asian trade Monday with the U.S. oil benchmark dropping to its lowest level in more than 5 1/2 years as financial markets reeled in the wake of Greece's elections. Oil traders were cautious ...

Syriza's Challenge: an Empty Treasury -- 2nd Update

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Marcus Walker The clock is ticking for Syriza--the victorious antiausterity party in Greece's elections--to strike a deal with creditors to keep Greece solvent and in the euro. It wasn't clear yet late Sunday whether the left-wing party had won ...

Leftists Sweep to Power in Greece -- 5th Update

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Charles Forelle, Nektaria Stamouli and Alkman Granitsas ATHENS--Greek voters handed power to a radical leftist party in national elections on Sunday, a popular rebellion against the bitter economic medicine Greece has swallowed for five years and a rebuke of ...

Euro Hits Fresh Lows on Greek Elections

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Hiroyuki Kachi The euro hit fresh lows against the dollar and the yen before staging a rebound later in the session in choppy Asian trade Monday, with the common currency coming under selling pressure due to uncertainties in the ...

U.S. Futures, Asian Stocks Fall After Greek Election -- Update

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Mike Cherney The euro fell, touching the lowest level against the U.S. dollar and Japanese yen in more than a decade, while Asian stocks and U.S. futures tumbled after Greece's antiausterity Syriza party was projected to win the country's ...

Syriza Party Leader Vows to End Austerity, Maintain European Ties

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Stelios Bouras ATHENS--The head of Greece's leftist Syriza party, set to win Sunday's elections, promised Greeks to end the austerity that sent the country into an economic tailspin without causing any "catastrophic break" with Europe. "Greek people have written ...

Japan's Trade Deficit Halves in December

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

TOKYO--Japan's trade deficit halved in December from a year earlier as exports jumped 13%, another sign that the nation's trade balance may be starting to improve, helped by a weaker yen and growing strength in the U.S. economy. The monthly ...

AXIS Capital and PartnerRe to Merge

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

AXIS Capital Holdings Ltd. and PartnerRe Ltd. said Sunday they have signed an agreement to merge. PartnerRe shareholders will receive 2.18 shares of the combined company's common shares for each share of PartnerRe common shares they own, and AXIS shareholders ...

UK's Cameron Says Greek Election Will Increase Uncertainty

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

LONDON--The Greek election will "increase economic uncertainty across Europe," a message from U.K. Prime Minister David Cameron's usual Twitter account said on Sunday. "That's why the U.K. must stick to our plan, delivering security at home." Mr. Cameron, who is ...

Singapore December Industrial Output Falls Less Than Expected

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Gaurav Raghuvanshi SINGAPORE--Singapore's industrial production fell for the second consecutive month in December as the export-dependent nation continued to battle weaker demand from its main customers. Manufacturing output fell 1.9% on year in December, compared with a revised 2.1% ...

Leftists Sweep to Power in Greece -- 5th Update

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Charles Forelle, Nektaria Stamouli and Alkman Granitsas ATHENS--Greek voters were set to hand power to a radical leftist party in national elections on Sunday, a popular rebellion against the bitter economic medicine Greece has swallowed for five years and ...

BOJ's October Easing Not a Response to Oil Prices

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

TOKYO--Many Bank of Japan board policy members said at a December policy meeting that the extra easing measures introduced in late October were not a response to a fall in oil prices, but were designed to prevent the risk of ...

U.S. Crude Tests New Lows As Greek Elections Weaken Euro

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

Crude-oil futures fell in Asian trade Monday with the U.S. oil benchmark dropping to its lowest level in more than 5 1/2 years as financial markets reeled in the wake of Greece's elections. Oil traders were cautious after Greek leftist ...

Syriza Victory in Greek Election Roils European Debate Over Austerity

TODAY: Jan. 26, 2015 PUB DATE: Jan. 26, 2015

By Marcus Walker BERLIN--For five years, Europe's common-currency bloc has squabbled over whether the solution to its economic crisis lies in slimming the state and deregulating markets, or in more expansionary fiscal and monetary policies. The battle lines just got ...